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Infrastructure 
Auto spare parts importer wants to set up car engine filter factory. PLUS: Egyptian Swiss unveils EUR 6 mn expansion plan
Sea Port wants to build a USD 30 mn car engine filter factory in Tenth of Ramadan
Orascom’s Giza plateau revamp to go live in 1Q 2024. PLUS: News from Vezeeta, TCI Sanmar and the House.
The company has completed 95% of the EGP 1 bn project
Two Israeli tourists + Egyptian tour guide killed in Alexandria
Good afternoon, ladies and gentlemen. After starting off with a bad news day this morning, we unfortunately don’t have much…
Current account surplus in 4Q as imports fall, tourism revenues rise
Egypt generated record revenues from tourism and the Suez Canal during the fiscal year
Oil Min ups oil + gas investment forecast this fiscal year. PLUS: Adnoc, IFC x Banque du Caire, Avanz Capital, Orascom Investment + EgyptAir
The government now expects investment to be up to 60% higher than in the previous fiscal year
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
Presidential election gets attention in the foreign press
Politics is on the agenda in the foreign press this morning: The new raft of financial supp ort measures announced…
Tourist numbers up 40% in 7M 2023 -Issa. PLUS: Egypt-Hong Kong investment ties, incorporation goes online
Egypt aims to attract 15 mn tourists to the country this year
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